South America

Iamgold says Ecuador nearing new mining law

Iamgold (IMG-T, IAG-n) says Ecuador’s recent referendum, in which 63.9% of all voters supported a new constitution bodes well for a new mining law in the country. The referendum included the mandate t…


Cardero Resource drills through the sand and dune cover at its Pampa de Pongo iron deposit, in southern Peru. The company has been offered US$200 million for the project by Nanjinzhao Group, a private enterprise from China.

Cardero offered US$200M for Pampa de Pongo

Vancouver — In the midst of a flurry of questions about slowing Chinese metal consumption, Cardero Resource (CDU-T, CDY-x) saw its share price jump almost 30% on news that a Chinese group wants to bu…












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